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Canola weaker at midday Monday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 24 (MarketsFarm) – The ICE Futures canola market was steady to lower at midday Monday, although activity was thin and choppy. Rains across the Prairies over the weekend had speculators taking some of the weather premium out of the market, while also encouraging some farmer selling, according to a […] Read more


ICE canola futures: Bids steady to lower to start week

By Glen Hallick, MarketsFarm WINNIPEG, June 24 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were steady to lower in early activity Monday morning. Despite rain over most of the Prairies on the weekend, there remains something of a weather premium on bids. However that premium could dissipate as the forecast has called for more […] Read more

North American Grain/Oilseed Review: Rain forecast pushes down canola bids

By Glen Hallick, MarketsFarm WINNIPEG, June 21 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Friday, as more rain has been forecast for the Prairies this weekend. The Prairies received 15 to 65 millimeters of rain over most of the region this week. While the precipitation was helpful to struggling crops, it […] Read more


Canola subdued at midday Friday

WINNIPEG, June 20 (MarketsFarm) – The ICE Futures canola market was slightly down at midday Friday, with trading volumes lower than usual. Forecasted rain across the Prairies weighed on canola prices, though precipitation was spotty in some key growing regions. “Farmers are happy to see the rain, but some guys haven’t gotten much,” said one […] Read more

Absence of demand drags on cattle prices at auction markets

Parched pastures and fields are pushing feed costs higher

Dry pasture land and higher feed grain prices drove demand lower at cattle markets during the week ended June 14. Butcher cattle prices in particular dipped four to five cents lower at Grunthal Livestock Auction Mart, largely due to lack of demand. Feeder cattle volumes were too low to report on in Grunthal, with about […] Read more



ICE canola weakens early Friday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 21 (MarketsFarm) – ICE Futures canola contracts were weaker Friday morning, as much needed rain in dry areas of the Prairies weighed on values. While more moisture will be needed, the widespread precipitation saw investors booking profits and taking some weather premiums out of the market. Losses in Chicago […] Read more

North American Grain/Oilseed Review: Canola makes modest gains in heavy trade

By Glen Hallick, MarketsFarm WINNIPEG, June 20 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady to stronger on Thursday, due to spillover from Chicago. However, forecasts of rain and a stronger Canadian dollar weighed on values. Gains were made on the Chicago Board of Trade as trade talks between the United States and […] Read more


Canola dipped at midday Monday

By Marlo Glass, MarketsFarm WINNIPEG, June 20 (MarketsFarm) – The ICE Futures canola market was steady to down at midday Thursday. Rain in key growing areas of the Prairies put a lid on canola prices, though precipitation in the region remains below-average. Further losses in the canola market were avoided thanks to strong U.S. soybean […] Read more

Western Canadian wheat bids up in all classes

Gains in Kansas City and Chicago wheat futures offered up some support for cash prices

Wheat bids in Western Canada were up across the board for the week ended June 14. There were gains in Canada Western Red Spring Wheat (CWRS), Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD). Weakness in the Canadian dollar and gains in Kansas City and Chicago wheat futures provided support; a decrease […] Read more